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johnpaech johnpaech
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6 years ago
The effective annual rate (EAR) for a loan with a stated APR of 8% compounded monthly is closest to:
A) 7.72%
B) 8.00%
C) 8.30%
D) 8.66%
Textbook 
Corporate Finance: The Core

Corporate Finance: The Core


Edition: 4th
Authors:
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EgorGruzdevEgorGruzdev
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6 years ago
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johnpaech Author
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#2
5 years ago
This course drove me insane!
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